Sentences with phrase «functions as the medium»

The bill defines virtual currency as «a digital representation of value that can be digitally traded and functions as a medium of exchange, a unit of account, or a store of value but does not have legal tender status as recognized by the United States government.»

According to the IRS, «Virtual currency is a digital representation of value that functions as a medium of exchange, a unit of account, and / or a store of value.

Ether, the digital asset used on the Ethereum blockchain, functions as a medium of exchange, or «coin,» but also qualifies as a token and even a security.

He appealed to the teaching of Jesus, who, he suggested, decried the idolization of money, but not its function as a medium of exchange.

After one year in the space they shut down operations, and from 1981 until they ceased activities in 1996, Group Material constituted a flexible membership of three to five artists who organized projects in the public sphere — function as a medium for collective cultural production and public address.

Cosmetics function as a medium of transformation and performers are painted from head to toe.

The largest presentation of their work in the U.S. to date, Constant Triumph consists of 13 works, primarily video pieces that function both as the medium and as documentation of performance.

In its functions as a medium, exhibition...

From developing techniques for portraying such diverse light sources as the sun or cosmos, to the utilization of light - reflective media awakened by the play of light on its surface, to the deployment of light as medium in its most basic form — the light bulb — which itself functions as both medium and subject, these artists offer the viewer a myriad of approaches to depictions of light in its various forms.

In its functions as a medium, exhibition space and artistic sketchbook, it has been tool and content of diverse artistic approaches, fueling an ambivalent stance on and diverse — and even critical — receptions of social media.

The Internet, in its ability to generate infinite knowledge and function as a medium for human interaction free from temporal and spatial boundaries, has been cast as the locus for civic debate in the 21st century.

Cryptocurrency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but it does not have legal tender status.

Notably, the first bill defines «virtual coin» as «a digital representation of value that can be digitally traded and that functions as a medium of exchange, unit of account and store of value.»

A virtual currency is one particular type of digital token, which typically functions as a medium of exchange, a unit of account or a store of value.

Collectible: Something with aesthetic value but no cash flows, and no function as a medium of exchange.

The Monetary Authority of Singapore (MAS) sees the difference between digital tokens, which it regards as a «cryptographically - secured representation of a token - holder's rights to receive a benefit or to perform specified functions,» and virtual currency, which the regulator describes as «one particular type of digital token, which typically functions as a medium of exchange, a unit of account or a store of value.»

In general, the major outliers widely function as mediums of exchange and stores of value.

``... A digital representation of value that can be digitally traded and functions as a medium of exchange, a unit of account, or a store of value but does not have legal tender status as recognized by the United States government.»

Virtual currency is a digital representation of value that functions as a medium of exchange, a unit of account, and / or a store of value.

Not exact matches

In this analogy the age of Bitcoin's blockchain is similar to the thousands of years of recorded history where gold functioned not only as a store of wealth but also a real medium of exchange.

Besides the traditional functions of money (store of value, medium of exchange, unit of account), international exchange rates give a new dimension to currencies with several different ways of profiting from them (with the risk of losing money as well).

The Rock Token (RKT) is the currency of choice for transactions, listings and a multitude of functions, serving as the medium of exchange and the utility coin that powers the GBX - GSX ecosystem.

Just last week, during testimony before the US Congress, SEC Chairman Jay Clayton said cryptocurrencies such as Bitcoin, which function exclusively as mediums of exchange, are not securities, unlike ICO tokens, which are.

With that said, T - bills today still handle the function of a short - term risk - free benchmark, while inflation - protected securities (IPS) are best used as a medium or long - term benchmark.

His 1875 work, «Money and the Mechanism of Exchange,» defines the four functions of a currency: as a medium of exchange, a measure of value (or unit of account), a standard of deferred payment, and a store of value.

So for example, in my case and that of other persons whose minds dissociate when we engage in intense / deep spiritual practices like intense / deep prayer, meditation, fasting etc and we hear voices, hallucinate, see visions, experience thought insertions, automatic channelling just like a spirit medium as well as other psychic phenomena (clairvoyance etc), and the mind dissociation makes some persons mentally and emotionally unstable; our minds enter an altered state of consciousness just like those of the Buddhist monks but in our case the altered state of our brains results in psychotic and psychic symptoms being induced (interestingly, some persons who are ignorant of how the human brain functions chalk up these experiences to demonic attack)......... are these psychotic, psychic experiences which persons like myself experience a gift from God as well?

A strong case has been made by F. J. E. Woodbridge that Plato not only does not seriously regard his «perfect state» as realizable, but that he means to make us see the error of imposing perfection too rigorously on human fallibility.3 Edward Bellamy's Looking Backward illustrates the utopia which becomes a persuasive call to radical social reforms.4 It also illustrates one of the functions of utopian thought as a medium of realistic criticism of the present.

However, brain waves are not confined to the brain because the interstitial fluid functions as a conducting medium and it is continuous throughout the body.

When our bodies are functioning healthily and no unusual medium intervenes (such as water or a mirror), appearance in this respect has a relation of truth to reality.

Watlow ® recently introduced its new ECO-HEAT ® exhaust gas heating system that functions as an internal load bank in medium stationary and mobile diesel generator applications.

Watlow's New ECO-HEAT ® System for Medium Genset Applications Functions as an Internal Load Bank to Maximize Engine Performance

I like to use coconut oil as it is loaded with medium - chain triglycerides that boost immunity, brain function and metabolism.

Known as the healthiest and most versatile oil on earth, coconut oil is made up of unique medium chain fatty acids which offers a long list of health and beauty benefits, some of which include: - Improved brain function - Improved memory - Enhanced immune function - Supported digestion - Increased nutrient absorption (add to cooking and smoothies)- Balanced hormones - Improves thyroid function - Increases energy levels - Aids weight loss and weight management - Provides skin and hair nourishment - Cleanses unwanted bacteria, fungi and viral infections Coconut Magic's coconut oil is an all - natural, clean product that can be used during pregnancy and also for baby care.

The group's previous research showed that drinking alcohol changes the physical structure and function of certain neurons known as medium spiny neurons, which are located in the brain's dorsomedial striatum.

Coconut oil is made up of medium chain fatty acids known as medium chain triglicerides (MCTs), which help with metabolism and weight loss, coconut oil can also raid basal body temperatures — all good news for people suffering from low thyroid function.

As though cinema's most important function in the marketplace of ideas is to provide the quickest temperature read, not to transport its audience via the tools of the medium away from anything that doesn't involve a rhetorical ultimatum on what the fuck just happened today.

Year 4 Science Assessments Objectives covered: Recognise that living things can be grouped in a variety of ways Explore and use classification keys to help group, identify and name a variety of living things in their local and wider environment Recognise that environments can change and that this can sometimes pose dangers to living things Describe the simple functions of the basic parts of the digestive system in humans Identify the different types of teeth in humans and their simple functions Construct and interpret a variety of food chains, identifying producers, predators and prey Compare and group materials together, according to whether they are solids, liquids or gases Observe that some materials change state when they are heated or cooled, and measure or research the temperature at which this happens in degrees Celsius (°C) Identify the part played by evaporation and condensation in the water cycle and associate the rate of evaporation with temperature Identify how sounds are made, associating some of them with something vibrating Recognise that vibrations from sounds travel through a medium to the ear Find patterns between the pitch of a sound and features of the object that produced it Find patterns between the volume of a sound and the strength of the vibrations that produced it Recognise that sounds get fainter as the distance from the sound source increases Identify common appliances that run on electricity Construct a simple series electrical circuit, identifying and naming its basic parts, including cells, wires, bulbs, switches and buzzers Identify whether or not a lamp will light in a simple series circuit, based on whether or not the lamp is part of a complete loop with a battery Recognise that a switch opens and closes a circuit and associate this with whether or not a lamp lights in a simple series circuit Recognise some common conductors and insulators, and associate metals with being good conductors

As with other high - end cars we've tested, the GS 450h has three settings for this function (long, medium, and short) to allow drivers to tail cars at their chosen preset distance.

At the tail end of the new GLA, LED High Performance tail lamps with a multi-level function are used — full brightness by day, a medium level for driving during the night and a lower level when at a standstill during the night, so as not to dazzle other road users — and brake lights and indicators are controlled in three intensities as well.

To review, the minimum required fields include: title, contributor name and function (such as author), medium, format, subject and 7 sales and distribution fields like price and publication date.

Both highly soluble as also insoluble fibre foods, when combined with medium levels of fat, help your feline's intestines to function optimally.

The Labrador Retriever is a strongly built, medium - sized, short - coupled, dog possessing a sound, athletic, well - balanced conformation that enables it to function as a retrieving gun dog; the substance and soundness to hunt waterfowl and much more.

(1) The XYZ is a strongly built, medium - sized, short - coupled dog possessing a sound, athletic, well - balanced conformation that enables it to function... Physical features and mental characteristics should denote a dog bred to perform as an efficient... The most distinguishing characteristics of the XYZ are its short, dense, weather resistant coat... a clean - cut head with broad back skull and moderate stop; powerful jaws...

The Labrador Retriever is a strongly built, medium - sized, short - coupled, dog possessing a sound, athletic, well - balanced conformation that enables it to function as a retrieving gun dog; the substance and soundness to hunt waterfowl or upland game for long hours under difficult conditions; the character and quality to win in the show ring; and the temperament to be a family companion.

As previously mentioned, Koihime Enbu is a 4 - Button Fighter with a button dedicated to Light (A), Medium (B), and Hard (C) attacks, with the final button (D) having multiple functions, such as a close - range graAs previously mentioned, Koihime Enbu is a 4 - Button Fighter with a button dedicated to Light (A), Medium (B), and Hard (C) attacks, with the final button (D) having multiple functions, such as a close - range graas a close - range grab.

Artists are using this medium, whether apart in the function as an instrument of enlightenment, or the manipulation, in...

Under the tutelage of the photographers and conceptual artists Bernd and Hilla Becher at the city's Staatliche Kunstakademie, this generation of photographers took the methodical, taxonomic approach of the Bechers and applied conceptual modifications, veering from the pure «straight» photography of their mentors to produce works that functioned more self - consciously as art, and ushering in a new era for photography where the medium was not simply accepted as art but embraced.

Art historical precedents including Robert Rauschenberg's monochrome White Paintings from 1951 and Robert Ryman's Minimalist experiments with white paint beginning in the 1960s, provide interesting counterpoints to understanding the range and function of white as a painterly medium.

Through her Tecelares, Pape proposes an alternative function for woodcuts, then considered a craft tradition; medium becomes a protagonist in these spatial investigations, as the texture of the woodblock becomes a compositional element.

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